How it started
1900–1919
The history of Yara dates back to the establishment of Norsk hydroelektiske kvelstoffaktieselskab, or Norsk Hydro, as it later became known, in December 1905 after nitrogen fertilizer was successfully produced at Notodden. Norsk Hydro was founded by Sam Eyde, Kristian Birkeland, and Marcus Wallenberg Sr.. In 1903, Birkeland and Eyde had developed direct nitrogen fixation, called the Birkeland–Eyde process, based on a method used by Henry Cavendish in 1784.
The company used Norway's large hydroelectric-energy resources to produce its first product. Between 1906 and 1919 Norsk Hydro built two hydroelectric power plants in Notodden and Rjukan. The company sent its first shipment to China in 1913.
1960–1977
Following the successful production of mineral fertilizer, the company expanded into other businesses such as oil and metals. In 1969, Norsk Hydro entered into its first joint venture, with authorities in Qatar. With access to a competitive source of gas and a strategic location in the Middle East, the joint venture opened up a global market for the company.
Norsk Hydro was led by Johan Berthin Holte as CEO from 1967 until 1977. By the 1970s, the company was established in Asia, the Middle East and North America. The late 1970s to the mid-1980s was a period of rapid growth, through the acquisition of major fertilizer companies in France, Germany, the Netherlands and the United Kingdom. At the end of the 1990s, the company was also established in Brazil (through the acquisition of Adubos Trevo) and South Africa.
From Wikipedia’s article on Yara International, shared under CC BY-SA 4.0.3
